Search Results - subject:"STOCK PRICES"

Did you mean: subject:"STOCK price" (54,076 results)

The determinants of consumer confidence: the case of United States and Belgium

BELTRAN, Helena; DURRE, Alain - Center for Operations Research and Econometrics (CORE), … - 2003

The paper is dealing with the controversial question of the potential impact of stock market fluctuations on consumer confidence. In the last few years, this confidence index has gained importance in business cycle analysis and empirical evidence has shown its explanatory power in forecasting...

Persistent link: https://www.econbiz.de/10005043029

Stock Prices as a leading indicator of the East Asian Financial Crisis.

Broome, Simon J.; Morley, B. - Department of Economics, National University of Ireland - 2003

Using a basic currency crisis model, we assess the effectiveness of stock prices as a leading indicator of the East … Asian currency crisis in 1997 and 1998. Stock prices are incorporated into a basic monetary model, through the wealth effect … postulated by Friedman (1988). In addition to the domestic stock price, we also incorporate the stock prices of Hong Kong, China …

Persistent link: https://www.econbiz.de/10005656668

Republic of Korea; Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, Corporate Governance, and Payment Systems

International Monetary Fund (IMF); International … - 2003

This paper presents key finding of the Financial System Stability Assessment for the Republic of Korea, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, Corporate...

Persistent link: https://www.econbiz.de/10005591412

Capital Markets and Financial Intermediation in the Baltic States

International Monetary Fund (IMF); International … - 2003

This paper analyzes the capital markets and financial intermediation in the Baltic States. It provides a comprehensive overview of the structure and level of development of the financial system, discussing some of the unique characteristics of the Baltics, such as leasing; and comparing the...

Persistent link: https://www.econbiz.de/10005591529

Japan; 2003 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2003

Japan has made progress in addressing major economic challenges. Executive Directors emphasized for a comprehensive program designed to resolve financial and corporate sector weaknesses, end deflation, and rein in fiscal imbalances. They stressed the need to maintain strong fiscal and monetary...

Persistent link: https://www.econbiz.de/10005591740

Stock Markets and Real Exchange Rate; An Intertemporal Approach

Mercereau, Benoît - International Monetary Fund (IMF) - 2003

The paper presents an N-country model with stock markets, in which a closed-form solution for the real exchange rate is derived. Risky asset prices and allocation of risky assets among countries are determined endogenously. Such a framework allows an analysis of how fundamental parameters, such...

Persistent link: https://www.econbiz.de/10005768854

Intrinsic Bubbles and Fat Tails in Stock Prices

Bidarkota, Prasad - Department of Economics, Florida International University - 2003

-driven intrinsic bubbles to explain the observed variation in annual US stock prices. We compare results obtained in this setting with …

Persistent link: https://www.econbiz.de/10005769739

Market Efficiency and International Linkage of Stock Prices: An Analysis with High-Frequency Data

Tsutsui, Yoshiro; Hirayama, Kenjiro - Graduate School of Economics, Osaka University - 2003

This paper uses one-minute returns on the TOPIX and S&P500 to examine the efficiency of the Tokyo and New York Stock Exchanges. Our major finding is that Tokyo completes reactions to New York within six minutes, but New York reacts within fourteen minutes. Dividing the sample period into three...

Persistent link: https://www.econbiz.de/10005773237

Investment and Share Prices: Fundamental versus Speculative Components

Branston, Christopher B.; Groenewold, Nicolaas - Department of Economics, Business School - 2003

This paper uses quarterly US data from 1953(6) to 2000(6) to investigate the effects of share-price changes on investment. We focus on the distinction between speculative and fundamental components of share-price movements and we contribute to the literature by evaluating four alternative...

Persistent link: https://www.econbiz.de/10005730782

Responsibility of Central Banks for Stability in Financial Markets

Schinasi, Garry J. - International Monetary Fund (IMF) - 2003

What is the role of central banks in ensuring financial stability? This paper addresses this controversial subject, in part by drawing on the experiences in Europe, Japan, and the United States, and by examining four questions. What is meant by financial stability? Do central banks have a...

Persistent link: https://www.econbiz.de/10005599257